About

Carol Wise

Associate Professor of International Relations

Contact Information
E-mail: cwise@email.usc.edu
Phone: (213) 740-2138
Office: VKC 330

LINKS
Curriculum Vitae
 

Biographical Sketch
Professor Wise joined the School of International Relations at USC in 2002 after spending eight years on the Faculty at Johns Hopkins University's School of Advanced International Studies in Washington, DC. She specializes in international political economy and development, with an emphasis on Latin America. She has written widely on trade integration, exchange rate crises, institutional reform, and the political economy of market restructuring in the region. Prof. Wise has worked and written most extensively on Argentina, Mexico, and Peru. She is currently completing two book-length projects: a co-authored manuscript with USC Prof. Manuel Pastor (Geography, ASE) on "Structural Shift: The Politics of Economic Transformation in Mexico;" and a book entitled "China, Latin America, and the Decline of Neoliberalism." Prof. Wise is on leave for the 2008-2009 academic year and will be a Visiting Scholar at the Center for U.S.-Mexico Studies at the University of California, San Diego during the spring 2009 semester.
 

Education
B.A. Sociology, University of California, Santa Barbara, 1974
M.P.A. , Columbia University, 1982
Ph.D. Political Science, Columbia University, 1991
 

Description of Research

Summary Statement of Research Interests
Professor Wise is currently working on two major research projects, both of which draw from the literature on the political economy of growth and development. The first project---Structural Shift: The Politics of Economic Transformation in Mexico---is a study of the transformational changes that have characterized the Mexican political economy since the adoption of market reforms in the late 1980s and the country's entry into the North American Free Trade Agreement (NAFTA) in 1994. Although Mexico's policy reorientation has been radical in nature, the gains from economic liberalization have fallen short of the levels of growth and competitiveness that standard theories of political economy would lead us to expect. Relying on the "Doing Business" and "Governance Matters" databases from the World Bank, this project conducts a within-case analysis by comparing different phases of the Mexican reform trajectory over time, as well as a cross-country comparison that allows for the identification of the strengths and weaknesses of Mexico's restructuring from the standpoint of those emerging market countries that have embraced similar market policies. Preliminary findings on this project suggest that it is less the content of market policies and more their impartial and erratic implementation that has hampered Mexican growth and competitiveness over the past two decades. Professor Wise's second project---China, Latin America, and the Demise of Neoliberalism---analyzes the rapid and remarkable ties that have developed between China and Latin America since the 1990s. This study approaches this phenomenon from three main angles: the relative rise of China in the global economy such that it has now replaced the U.S. as the most important trading partner for an increasing number of countries in Latin America; the decidedly more heterodox and flexible approach to economic policy management that increased relations with China has instilled in its main Latin American partners; and, the political implications of the growing presence of a "new" hegemon in the Western Hemiphere, one that has resisted the longstanding U.S. notion that liberal capitalist democracy is the only acceptable form of governance.
 

Research Keywords
International political economy, international development, trade integration, financial politics, China, Latin America, Argentina, Mexico, Peru, NAFTA
 

Research Specialties
International political economy; institutional reform; international development; Latin American politics and economics; Interdevelopment; China-Latin American relations
 

Funded Research

Contracts and Grants Awarded
The Security And Prosperity Partnership: Expanding The Boundaries (Canadian Consulate General), Wise, Carol, $10,143, 03/14/2008-04/30/2008  
CHINA MEXICO AND THE COMPETITION FOR U.S. MARKET SHARE: (Haynes Foundation), Carol Wise, $10,000, 03/01/2006-06/30/2007  
China Mexico And The Competition For U.S. Market Share: Los Angeles as a Commercial Hub (Haynes (John Randolph and Dora) Foundation), Wise, Carol, $11,500, 03/01/2006-06/30/2007  
SKILLS DISTRIBUTION AND THE NEW CONTINENTAL DIVIDE: THE MEXICAN (Department of Education), D.T. Manahan, Carol Wise, $47,285, 07/01/2004-12/31/2005  
 

USC Funding
Facutly Research Award, USC US-China Institute. China and the Twilight of North American Integration: This project analyzes the huge change in China's economic relationship with North America. My hypothesis is that a North American strategy toward China would accomplish important US policy goals., $2,900, 2008-2009   
Future Fuels & Energy Initiative, USC Provost's Office. "Transitioning to a New Energy Fuel Paradigm: The : A study of the role that NGOs have played in upholding environmental standards on the part of the 6-company consortium that is developing natural gas in the Peruvian Amazon., $5,000, 2006-2007   
CIBER-DOE Project, Marshall School of Business. CHINA’S GROWING ECONOMIC PRESENCE IN NORTH AMERICA: : Funding to support the creation of a database that documents the the trade and investment competition related to China's entry into the North American market., $2,500, 2006-2007   
 

Publications

Book
Wise, C., Studer, I. (2007). Requiem or Revival? The Promise of North American Integration. Requiem or Revival? The Promise of North American Integration/Brookings Institution Press.
Wise, C. (2003). Reinventing the State: Economic Strategy and Institutional Change in Peru. Ann Arbor: Reinventing the State: Economic Strategy and Institutional Change in Peru/University of Michigan Press.
Wise, C., Roett, R. (2003). Post-Stabilization Politics in Latin America: Competition, Transition, Collapse. Post-Stabilization Politics in Latin America: Competition, Transition, Collapse/Brookings Institution Press.
 

Book Chapter
Wise, C. (2008). The US Competitive Liberalization Strategy: Canada's Policy Options. pp. pp. 225-247. Montreal and Kingston: McGill-Queen's University Press.
Wise, C. (2007). Energy Cooperation in the Western Hemisphere: Peru. Washington, DC: Center for Strategic and International Studies.
 

Journal Article
Wise, C. (2009). The North American Free Trade Agreement. New Political Economy. Vol. 14, pp. 135-149.
Wise, C., Quiliconi, C. (2007). China’s Surge in Latin American Markets: Policy Challenges and Responses. Politics and Policy. Vol. 35, pp. 410-438.
Wise, C., Pastor, M. (2005). The Lost Sexenio: Vicente Fox and the New Politics of Economic Reform in Mexico. Latin American Politics and Society. Vol. 44, pp. 135-160.
Wise, C., Cameron, M. (2004). The Political Impact of NAFTA on Mexico: Reflections on the Political Economy of Democratization. Canadian Journal of Political Science. Vol. 37, pp. 301-323.
Wise, C., Pastor, M. (2001). Argentina: From Poster Child to Basket Case. Foreign Affairs/Council on Foreign Relations. Vol. 80, pp. 60-72.
Wise, C. (1999). Latin American Trade Strategy at Century's End. Business and Politics. Vol. 1, pp. 2-46.
Wise, C., Pastor, M. (1999). Stabilization and Its Discontents: Argentina's Economic Restructuring in the 1990's. World Development. Vol. 27, pp. 477-503.
Wise, C., Brysk, A. (1997). Liberalization and Ethnic Conflict in Latin America. Comparative International Development. Vol. 32, pp. 76-104.
Wise, C., Pastor, M. (1997). State Policy, Distribution, and Neoliberal Reform in Mexico. Journal of Latin American Studies. Vol. 29, pp. 419-456.
Wise, C., Pastor, M. (1994). The Origins and Sustainability of Mexico's Free Trade Policy. International Organization. Vol. 48, pp. 459-489.
Wise, C. (1994). The Politics of Peruvian Economic Reform. Journal of Interamerican Studies and World Affairs. Vol. 36, pp. 75-125.
Wise, C., Pastor, M. (1992). Peruvian Economic Policy in the 1980s: From Orthodoxy to Heterodoxy and Back. Latin American Research Review. Vol. 27, pp. 83-117.
Wise, C., Wilson, P. (1986). The Regional Implications of Public Investment in Peru. Latin American Research Review. Vol. 21, pp. 93-116.
 

Honors and Awards
Center for International Business Education Research (CIBER)-U.S. Department of Education Award, USC Marshall School of Business, for the promotion of scholarship on China-US-Latin American economic relations, 2006-2009  
Visiting Scholar, Center for US-Mexico Studies, U.C. San Diego, Spring 2009   
USC U.S. China Institute Summer Travel Grant, 2007-2008   
Faculty Fellowship Research Grant, Earhart Foundation (Ann Arbor, Michigan), “China’s Growing Economic Presence in North America: Risks, Opportunities, & Strategic Options.”, 2006-2007  
Faculty Fellowship, John Randolph Haynes and Dora Haynes Foundation of Los Angeles, “China, Mexico, & Competition for the U.S. Market: Los Angeles as a Commercial Hub.”, 2006-2007  
Future Fuels & Energy Initiative, USC Provost’s Office, “Transitioning to a New Energy Fuel Paradigm: The Development, Adaptation, and Export of Natural Gas from the Andean Region.”, 2006-2007  
Fulbright Award, Senior Fulbright Specialist, Beirut, Lebanon. Six weeks of collaboration with the College of Letters and Arts at Lebanon American University, toward the goal of introducing a teaching and research module on Latin American Studies., 2006  
Public Policy Scholar, North American Studies, Woodrow Wilson International Center for Scholars, Washington, DC., 2006  
USC Zumberge Research and Innovation Fund Award, James H. Zumberge USC Faculty Research & Innovation Fund Award., 2004-2006  
Fulbright Award, Carleton University Fulbright Chair in North American Studies, Ottawa, Canada., 2005  
Fulbright Award, Garcia-Robles Senior Fulbright Faculty Award, Universidad de las Americas, Puebla, Mexico., 2005  
Fulbright Award, 2004-2005  
Faculty Enrichment Grant, Canadian Embassy of Washington, DC, 1999-2002  
Rockefeller Fellowship Recipient, Bellagio Center Fellow-in-Residence, Rockefeller Foundation, 2001  
Rockefeller Fellowship Recipient, Rockefeller Foundation Faculty Fellow, University of Cape Town, Centre for African Studies, South Africa, 1999  
Fellowship for Studies in International Economic Conflict, U.S. Institute of Peace, Washington, DC, 1996-1998  
Fulbright Award, American Area Republics Program, 1996  
Residency at the Woodrow Wilson Center for Scholars, Guest Scholar, Woodrow Wilson International Center for Scholars, Washington, DC, 1994  
John D. and Catherine T. MacArthur Fellowship in Peace and International Cooperation, 1992-1993  
 

Service to the Profession

Conferences Organized
Organizer, North America's Security and Prosperity Partnership, Doheny Intellectual Commons, USC, Panelists from Canada, Mexico and the U.S. were merged with prominent USC faculty in discussing new challenges in North American in the realm of immigration, security, and the environment, 2007-2008   
 

Professional Offices
Executive Board Member, Association of Canadian Studies in the U.S., 2007-2008   
 

Professional Memberships
Council on Foreign Relations, 09/2002-  
Pacific Council for International Policy, 09/2002-  
Association of Canadian Studies in the U.S., 09/2000-  
International Studies Association, 06/1996-  
Latin American Studies Association, 01/1985-  
 
 

Reviewer for Publication
Comparative Politics, CUNY Graduate Center, Review of a manuscript on the politics of exchange rate stabilization in Brazil, 2007-2008   
Journal of Common Market Studies, Review of a manuscript that compared the political origins of NAFTA and the EU, 2007-2008   
Latin American Research Review, McGill University, Review of a manuscript on the changing role of foreign direct investment in Latin America, 2007-2008   
Oxford University Press, Oxford University, Review of a book manuscript on the negotiation of preferential trade agreements between the developed and developing countries, 2007-2008   
University of Chicago Press, University of Chicago, Review of a book manuscript on the return of economic populism in Latin America in the 2000s, 2007-2008   
 

Media, Alumni, and Community Relations
Fox News interview about the languishing US-Colombia Free Trade Agreement, 2008-2009   
PBS-Worldfocus interview about the escalation of drug-related violence in Northern Mexico, 2008-2009   
Washington Post interview on the currency turmoil in Latin American markets, 2008-2009   
 
 
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